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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: johnny boy who wrote (9732)	10/8/1998 11:09:00 PM
From: Dale Knipschield	Read Replies (1) \| Respond to of 11555

Market must be nearing bottom........everyone getting touchy and irritable! I got rid of my IDTI yesterday @ 5 1/2. Was averaged in @ 13 3/4. 59% loss! Anyone got a good idea where I should put my $1650 (Other than the mattress)? Regards, Knip

To: johnny boy who wrote (9732)	10/9/1998 8:42:00 PM
From: To_A_Million	Read Replies (2) \| Respond to of 11555

Funny stuff, man. I stopped checking into this thread regularly months ago because of my then (and still current) belief that IDTI is not a strong investment compared to more effectively managed organizations. TI, Intel and maybe a few "niche" players in the IC segment come to mind. The issues that drove me from IDTI include: 1) From the start, their x86 story has been a fairy tale. Recent rumor about Acer (btw, didn't you predict that this would happen?) could lead to a recovery, but they have already been lapped by Intel in the speed department - a crucial missed market window. 2) Core business is still commodity products. Ask any design engineer worth her salt and she'll tell you that the problems solved by FIFOs, specialty memories and logic can be met with a lot of design options. Bottom line, there are a lot of vendors out there vying for these sockets. That is why many design organizations are mandating that single-source is not an option on new bills-of-materials. No single-source means one thing: leverage for the buyer, which equals an unstable customer base. 3) They have a strong RISC architecture that is well-known and respected in the design community. However, they are far from a franchise, and the uC market is not known for fat margins. Most importantly, out-of-towners like ADI and TI are making huge inroads into this market with DSP. This is no joke for TI, who has staked their future on DSP. 4) Management has struggled with managing analysts' expectations. Stock price is highly influenced by the confidence or lack thereof in management's ability to consistently hit forecasts, maintain a single story for more than two quarters and execute on strategic plans. The recent buy-back is a huge step in the right direction, but they have a long road to travel. All told, after being a shareholder in this company for over two years, I grew tired of the hype. I was sick of being frustrated by the consistent let down before earnings releases. So I just up and quit. As they say in the business . . . I'm Done! Little Minded Chump.